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Ishares U.s. Oil & Gas Exploration & Production Etf ETF News

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$116.15
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At Close: Jun 05, 2026
Crude oil futures target breakout above 50-day moving average as Iran protests, Venezuela turmoil, and Russia-Ukraine tensions threaten global supply disruptions.
OPEC's oil output fell in December due to lower supply from Iran and Venezuela, which offset an OPEC+ agreement to raise production for the month, a found on Friday.
President Donald Trump and oil executives will meet at 2 p.m. ET in the White House to discuss investment in Venezuela after the capture of President Nicolas Maduro.
U.S. oil executives being summoned to the White House on Friday to discuss potential investment plans in Venezuela will be carefully weighing the country's business potential and enthusiasm from Presi
The White House is convening a meeting on Friday with major U.S. and international oil companies to discuss potential investment in Venezuela's energy sector, as the administration weighs ways to revi
There are ways to bring down gasoline prices without punishing U.S. oil drillers.
Oil rebounds as risk premiums lift Brent and WTI, while natural gas stabilizes near $3.35 amid weak demand growth and lingering supply uncertainty.
Oil prices rose for a second day on Friday, set for their third weekly gain, on uncertainty about the future of supply from Venezuela and as Iranian unrest increases concerns about output there.

Trump's Risky Fixation With Other Countries' Oil

09:00pm, Thursday, 08'th Jan 2026
Venezuela operation reflects a long-held desire to leverage military might into control over energy—though falling prices are hurting U.S. producers.
Oil rose in the morning Asian session amid prospects of Russia-related sanctions that could lead to supply disruptions.
Russia, Iran and Venezuela have amassed an armada of aging tankers to move barrels around the world.
Panama's maritime authority on Thursday said it had canceled in January of last year the flag of the M Sophia, a Venezuela-linked oil tanker seized by the U.S. military this week.
‘Control of Venezuela oil is shifting rapidly from boardrooms to governments', says Nigel Green of deVere Group.
Crude oil triggered a one-day bullish reversal and is challenging 50-day resistance, with confirmation above $59.00 needed to validate a broader trend change and higher targets.
The U.S.-Venezuela relationship has been a tale of fortunes made and lost, with oil at the center—and with hints of potential challenges ahead for President Trump's plan.
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